The medical devices sector is typified by frequent change and innovation, in response to problems and issues faced by the healthcare industry. As a result, the sector has seen the emergence of several start-up medtech companies offering disruptive, cutting-edge solutions. Most of these are private companies, where data such as revenue is frequently not disclosed. National estimates for Quality Biological sales in the US from 2017 to 2023, as well as year-on-year growth rates, can be viewed in GlobalData’s micro revenue report. Buy the report here.
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Quality Biological Inc (QBI) operates as a drug manufacturer that manufactures media, buffers, supplements and reagents for cell culture and molecular biology applications. The company offers bacteriological plates, bulk solution, cell culture media, fetal bovine serum, molecular biology, adenna and microflex safety gloves, axygen, amresco chemicals and other products. Its cell culture media offers antibiotics for cell culture, bulk solutions, cell culture media, cell culture reagents, hematopoietic products, insect media, plaque assay media and components. The company offers packaging, custom formulation, vaccine development and monoclonal antibody production programs. QBI is headquartered in Gaithersburg, Maryland, the US.
The key metrics of Quality Biological related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:
As Quality Biological is a privately held company, it is not required to disclose its financial information and there is no stock listed on an exchange. GlobalData has access to a proprietary data set containing invoice data from over 2,600 healthcare institutions in the US and is therefore able to use estimations of a company’s revenue and growth to value private companies such as Quality Biological.
For a detailed understanding of the performance of Quality Biological, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.
